"We
want laissez faire when it comes to business -- except when it comes to
the insistence of a politically popular but economically and
environmentally hazardous renewable fuel, ethanol," he said.

As a
result, he said we have unequivocal government support for a fuel that
doesn't work and that raises the price of food for everyone including
those who can least afford it, which, in turn, forces the Federal
Reserve to keep the money supply tight to rein in resulting inflation.

"So
we are laissez faire when it suits us … and we are anti-laissez faire
when we can help farm states crucify us on a cross of ethanol," he said.

He
railed against a tax structure that supports "tax rates for
billionaires at a lower percentage level than those who make $30,000 a
year. This is utterly shameless."